Accordingly, the proposed changes will be:
Name of the scheme: LIC MF Children`s Gilt Fund
Scheme Type: Open ended equity scheme
Investment Objective: The scheme seeks to generate long-term capital appreciation by investing mainly in equities.
The scheme shall invest 10%-35% of assets in debt / money market instruments and invest 65%-90% in equity.
Existing investors have an option to exit without payment of exit load between 28 September 2017 and 27 October 2017.
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